Form 4 for SPHR Sphere Entertainment Co.
Accepted 2024-09-17 00:00:00 ET · period of report 2024-09-13 · accession 0000950170-24-107356 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-09-17 | 2024-09-13 | SPHR | GREENBERG ANDREA | Pres, CEO-MSG Networks | M - OptEx | $0.00 | +40.8K | 99.9K | +69% | $0 |
| DM | 2024-09-17 | 2024-09-13 | SPHR | GREENBERG ANDREA | Pres, CEO-MSG Networks | F - Tax | $42.23 | -19.8K | 88.6K | -18% | -$838.0K |
| DM | 2024-09-17 | 2024-09-13 | SPHR | GREENBERG ANDREA | Pres, CEO-MSG Networks | M - OptEx | $0.00 | -40.8K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2024-09-13 | M | A | 6,593 | $0.00 | 89,078.98 | D | — | — | (F2) Each RSU was granted on August 31, 2022 under the MSGN 2010 Employee Stock Plan and represents a right to receive one share of SPHR Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 15, 2023. One-third of the RSUs vested and were settled on September 13, 2024. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2025, in each case, other than the RSUs that vested and were settled for FICA taxes in August 2022. |
| 2 | Common | Class A Common Stock | 2024-09-13 | F | D | 8,544 | $42.23 | 97,557.98 | D | — | — | |
| 3 | Common | Class A Common Stock | 2024-09-13 | M | A | 17,546 | $0.00 | 106,101.98 | D | — | — | (F5) Each performance restricted stock unit ("PSU") was granted on August 27, 2021 under the MSGN 2010 Employee Stock Plan and represents a right to receive one share of SPHR Class A Common Stock or the cash equivalent thereof. The Compensation Committee of the Board of Directors of SPHR deemed such PSUs earned at 100% of target on March 27, 2024. The PSUs vested and were settled on September 13, 2024, other than the PSUs that vested and were settled for FICA taxes in March 2024. |
| 4 | Common | Class A Common Stock | 2024-09-13 | F | D | 11,299 | $42.23 | 88,555.98 | D | — | — | |
| 5 | Common | Class A Common Stock | 2024-09-13 | M | A | 5,836 | $0.00 | 82,485.98 | D | — | — | (F1) Each restricted stock unit ("RSU") was granted on August 27, 2021 under the MSG Networks Inc. 2010 Employee Stock Plan, as amended and assumed by Sphere Entertainment Co. ("SPHR") (the "MSGN 2010 Employee Stock Plan"), and represents a right to receive one share of SPHR Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 15, 2022. One-third of the RSUs vested and were settled on September 15, 2023. The remaining one-third of the RSUs vested and were settled on September 13, 2024, in each case, other than the RSUs that vested and were settled for FICA taxes in November 2021. |
| 6 | Common | Class A Common Stock | 2024-09-13 | M | A | 10,776 | $0.00 | 99,854.98 | D | — | — | (F3) Each RSU was granted on September 1, 2023 under the MSGN 2010 Employee Stock Plan and represents a right to receive one share of SPHR Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 13, 2024. One-third of the RSUs are scheduled to vest and settle on September 15, 2025. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2026, in each case, other than the RSUs that vested and were settled for FICA taxes in September 2023. |
| 7 | Derivative | Restricted Stock Units | 2024-09-13 | M | D | 5,836 | $0.00 | 0 | D | — · — to 2024-09-13 | 5,836 Class A Common Stock | (F1) Each restricted stock unit ("RSU") was granted on August 27, 2021 under the MSG Networks Inc. 2010 Employee Stock Plan, as amended and assumed by Sphere Entertainment Co. ("SPHR") (the "MSGN 2010 Employee Stock Plan"), and represents a right to receive one share of SPHR Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 15, 2022. One-third of the RSUs vested and were settled on September 15, 2023. The remaining one-third of the RSUs vested and were settled on September 13, 2024, in each case, other than the RSUs that vested and were settled for FICA taxes in November 2021. |
| 8 | Derivative | Restricted Stock Units | 2024-09-13 | M | D | 6,593 | $0.00 | 6,594 | D | — · — to 2025-09-15 | 6,593 Class A Common Stock | (F2) Each RSU was granted on August 31, 2022 under the MSGN 2010 Employee Stock Plan and represents a right to receive one share of SPHR Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 15, 2023. One-third of the RSUs vested and were settled on September 13, 2024. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2025, in each case, other than the RSUs that vested and were settled for FICA taxes in August 2022. |
| 9 | Derivative | Restricted Stock Units | 2024-09-13 | M | D | 10,776 | $0.00 | 21,552 | D | — · — to 2026-09-15 | 10,776 Class A Common Stock | (F3) Each RSU was granted on September 1, 2023 under the MSGN 2010 Employee Stock Plan and represents a right to receive one share of SPHR Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 13, 2024. One-third of the RSUs are scheduled to vest and settle on September 15, 2025. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2026, in each case, other than the RSUs that vested and were settled for FICA taxes in September 2023. |
| 10 | Derivative | Performance Restricted Stock Units | 2024-09-13 | M | D | 17,546 | $0.00 | 0 | D | — · — to 2024-09-13 | 17,546 Class A Common Stock | (F5) Each performance restricted stock unit ("PSU") was granted on August 27, 2021 under the MSGN 2010 Employee Stock Plan and represents a right to receive one share of SPHR Class A Common Stock or the cash equivalent thereof. The Compensation Committee of the Board of Directors of SPHR deemed such PSUs earned at 100% of target on March 27, 2024. The PSUs vested and were settled on September 13, 2024, other than the PSUs that vested and were settled for FICA taxes in March 2024. |